It is all about market cycles, usd will make it again versus the euro and sterling pound (sterling pound especially) but the current trend is up and its objectives are likely to be about 1.51/52 for euro, and 2.02/2.04 for sterling. RSI is at extreme for euro on monthly charts and believe me a steep correction will is coming, perhaps in a few weeks when eurusd makes some progress in 1.5 area
for sterling pound, the longer term count is really bearish, but its been said many times that cable is headed to test a 50% fib at least in the 2 us dollars zone before resuming a much much broader downtrend.
So usd will come back very strong versus sterling but will still be a sell on rally for euro..for weeks to come
usd is also holding well against jpy despite new euro highs, but whatever jpy is a low yielder and sharing usd pain in cross/yen
for sterling pound, the longer term count is really bearish, but its been said many times that cable is headed to test a 50% fib at least in the 2 us dollars zone before resuming a much much broader downtrend.
So usd will come back very strong versus sterling but will still be a sell on rally for euro..for weeks to come
usd is also holding well against jpy despite new euro highs, but whatever jpy is a low yielder and sharing usd pain in cross/yen